Laboratory Chemicals are the substances or compounds that are used in chemical reactions to measure, produce and detect other chemical substance. These are being used in the large scale for commercial applications and research purpose.
Molecular Biology constitutes the largest application area of laboratory chemical. Cytokine & Chemokine Testing is the fastest growing application area regarding consumption and is projected to grow at a compounded annual rate of 6.4 percent over the forecast period.
The laboratory chemicals market was valued at USD XX billion in 2017 and is expected to reach USD XX billion by 2024, growing at a CAGR of XX%, during the forecast period 2017-2024.
As the healthcare sector is growing, so the number of diagnostic centres is also developing across the world. In countries like Central Asia, China, India and other African and European countries, the laboratory chemicals market are witnessing a positive growth. Currently, North America, especially the United States, represents the largest regional
The laboratory chemicals market will advance mainly due to a significant rise in the use of laboratory chemical in basic research combined with commercial applications. Moreover, growing interest of world scientific community in laboratory chemical is anticipated to develop the growth in the market.
By application, the market is segmented into academic, healthcare, environmental, research & development of life sciences, and quality control and by type, the market is segmented into molecular biology, carbohydrate analysis, cytokine & chemokine testing, immunochemistry, cell/tissue culture, environmental testing, and biochemistry, etc.
The monoclonal antibodies market is expanding rapidly throughout the world since it offers effective treatment of diseases that include cardiovascular diseases, infectious diseases, inflammatory diseases, as well as cancer, and auto-immune diseases. The growing importance of monoclonal antibodies can also be attributed to its low-toxicity level and negligible and considered to be potential to catalyse to deliver a drug.
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Starting from $2700
Starting from $2700
Starting from $2700
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